Board Oversight of AI
This course helps directors evaluate strategic decisions involving AI and hold management accountable for results.
Description
This course helps directors evaluate strategic decisions involving AI and hold management accountable for results. Participants recommend strategic direction and specify how management will account for AI's contribution to organizational purpose, performance, and acceptable risk. Participants evaluate the proposed objective and its material assumptions, compare a credible strategic alternative, establish risk and delegation boundaries, and specify evidence, performance, and reassessment expectations. The main worked paper concerns an $11m partnership and a competing $8m resilience priority. A separate industrial-services assessment concerns a performance contract, capital allocation, and risks to customers. The supplied organizational purpose and board mandate constrain the task; management's proposed objective is open to challenge. The assessment tests participants' reasoning in the supplied case; it does not establish their ability to redesign enterprise governance, judge legal compliance, provide independent assurance, or respond to a crisis. Duration: One full day, including lunch and breaks. No prework is required. Case reading, discussion, and exercises take place during the workshop.
Who This Course Is For
- Directors and board committee members with experience of organizational oversight.
- No programming, vendor-interface, specialist insurance, legal, or FinOps expertise is required.
What You Will Learn
- Determine how AI opportunities and risks should influence organizational priorities within the board's mandate.
- Establish risk boundaries, delegated authority, and management accountability within the board's mandate.
- Evaluate management's strategic response, evidence, and performance to determine when board direction or intervention must change.
Course Outline
- Strategic direction and the investment decision
- Risk boundaries and executive accountability
- Capstone - Board decision and reassessment
This is a high-level overview. For the complete syllabus with detailed topics and lab descriptions,request the full syllabus.
Prerequisites
- (Required) Ability to interpret a management proposal and basic financial information, including revenue, costs, and investment figures.
- (Required) Understanding of the respective responsibilities of a board and executive management.
- (Recommended) Basic familiarity with common business uses of AI and the limitations of its outputs.
Delivery Options
- Live, instructor-led
- Virtual instructor-led
Bring This Course to Your Team
This course is delivered as private, instructor-led training for teams and organizations. Contact us for a quote, scheduling, and group options.